AMA, founded in 2005, employs more than 3,400 people across its network of repair centres and integrated supply chain for parts and workshop products in Australia and New Zealand. Every year, they assist more than 300,000 people and businesses in getting back on the road.
The refinancing is provided by two banks for a three-year term. The banks were already part of AMA’s existing banking syndicate, further affirming their confidence in the group’s strategy and performance.
This refinancing marks the completion of AMA’s recapitalisation process, providing a platform for the group to pursue significant operational growth opportunities and meet its strategic business goals. AMA is already executing on its growth strategies, with key investments being made in people, facilities and customer offerings. This facility will play a crucial role in supporting the group’s future expansion plans.
Banking and Projects Partner Spiro Papadolias led the G+T team, supported by lawyer Sara Mohabbati and graduate Dean Wolman, who assisted with all aspects of the refinancing.
We are delighted to have supported our long-standing client AMA on this important refinancing. These debt facilities provide the group with a flexible debt platform to execute on their operational growth plans and we look forward to continuing to support AMA on future opportunities.